VR-1 Entertainment announced today that it has halted development on Lost Continents. The game, which was announced last November for the PC and Xbox, is a MMORPG with a strong, 1930's pulp adventure feel to it.

The official website states that, "While we believe strongly in the viability of the game, it is a massive undertaking and the company is taking a step back to evaluate whether we'll be able to do it justice."

All hope is not yet lost though, as the team is seeking to determine whether it will still be possible to bring the game to market. Check back with us for more on the fate of this promising title.